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$4,990 (target)

2814 Forest Grove Dr, Richardson, TX 75080

3 beds • 3 baths • 2084 sqft

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This property looks like a bad Mid-Term investment with a projected -2.07% first-year return on $126k initial cash invested.

-2.07%

Cash On Cash

5.85%

Cap Rate

0.99

DSCR

$4,990

Rent

-$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,990 income − $5,208 expenses = $218 out of pocket

Income$4,990Out of Pocket$218Mortgage P&I$2,53351%Property Taxes$78816%Insurance$1894%Management$59912%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$54911%

Investment Breakdown

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Purchase Price

$516k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,156

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,990

Total Expenses

$5,208

Mortgage P&I

51%

$2,533

Property Taxes

16%

$788

Home Insurance

4%

$189

HOA

0%

$0

Property Management

12%

$599

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$549

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